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Boutique Seaview Hotel & Private Residence – Zakynthos, Korithi

Property ID: 17736
Zakinthos, Zakynthos, Zakynthos, Korithi,
ionian Islands, Greece
€3,000,000 For Sale
Commerce
  • 126
  • 0
  • 15 Bedrooms
  • 15 Bathrooms
  • 4500 sq m
  • 450 sq m
  • 45 Sitting Places
Elena Mackova Laskaraki
Elena Mackova Laskaraki
Contact Agent

Description

An Investment with Character – Where Capital Becomes a Story!

This charming boutique hotel is located in one of the most picturesque areas of Zakynthos, in Korithi, known for its dramatic cliffs, tranquility, and authentic Ionian character. Set on a fenced plot of 4,500 m², the property consists of an elegant complex with 15 guest rooms, each featuring a private balcony with sea views, plus a separate house that can serve as the owner’s villa or as premium guest accommodation. The estate also includes a fully equipped 40 m² pool bar. Two swimming pools surrounded by lush greenery, stone terraces, and shaded pergolas create an atmosphere of refined Mediterranean serenity.

Property Size: 450 m² | Land Size: 4,500 m² | Rooms: 15 + 1 Owner’s House
Features: 2 swimming pools, pool bar, panoramic terraces, parking, BBQ area, olive garden
Location: Korithi – the northernmost point of Zakynthos, overlooking Kefalonia and the Ionian sunsets.

ROI & Investment Outlook 2025–2030:
Average occupancy rate: 74%. Average nightly rate: €160. Active season: 6.5 months. Annual gross revenue: approx. €420,000. Annual operating costs: approx. €110,000. The resulting annual net operating income (NOI) is around €310,000, providing a return on investment (ROI) of 10–11% per year, with an estimated payback period of 8–9 years. With minor upgrades—such as converting the villa into 2–3 luxury suites or adding a small wellness or retreat area—the ROI could rise to 13%.

Market and Tourism Forecast for Zakynthos:
Between 2023 and 2024, Zakynthos recorded a 12.5% increase in tourist arrivals. The island is now served by new direct flights from Prague, Vienna, Berlin, and Tel Aviv. There is a growing demand for boutique and eco-luxury resorts in areas with lower building density. The average increase in property values in the northern part of the island is projected at 20–25% by 2030. Zakynthos is establishing itself as a stable and high-yield destination in the Mediterranean “lifestyle & hospitality investment” segment.

Property Highlights:
Panoramic sea and sunset views. Elegant architecture in harmony with nature. Two swimming pools, a pool bar, and stone terraces. A private house ideal for the owner’s use or premium guests. Fully operational business with license and established clientele. Expansion potential for weddings, wellness, or retreat operations.

Investor Summary:
This property represents a stable and emotionally appealing investment in one of the most promising regions of Greek tourism. It combines high cash-flow yield (10–11%) with long-term capital appreciation and low investment risk. Ideal for an investor seeking both personal enjoyment and passive income, a hospitality-oriented investment fund, or a family office pursuing a long-term asset with Mediterranean value growth.

Price: €3,000,000

Amenities

Sea View
Close to the Sea
Nature/Mountain view
City View
Closed Private Area
Swimming Pool
Barrier-Free Access
Air Condition
Frames Type: Aluminum
Glass Type: Double Glass
Orientation: West
Privat Garden
Road Type: Asphalt
Secure Door
Storage Space
Window Shutters/Nets
Window Screens

Additional Information

Built In: 2010
Levels: 3
Kitchens: 15
Living Rooms: 1
Bathrooms: 15
Reconstructed: 2020
Parking Spots: yes
Storage Space: yes
Room Count: 18
Balconies: yes

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